GlobalExpense

London, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Concur
Employee expenses are managed via an AI-based platform.
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About GlobalExpense

GlobalExpense is a company based in London (United Kingdom) founded in 1999 was acquired by Concur in June 2011.. GlobalExpense operates in a competitive market with competitors including Plum, Bud, Oval Money, Moneyhub and Emma, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Concur

    (Jun 07, 2011)

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Funding Insights of GlobalExpense

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in GlobalExpense

GlobalExpense has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Concur. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Corporate travel expenses and invoices are managed via SaaS platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GlobalExpense

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GlobalExpense

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Globalexpense Comparisons

Employees
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Competitors of GlobalExpense

GlobalExpense operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Plum, Bud, Oval Money, Moneyhub and Emma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based platform for automated personal spend management is provided.
domain founded_year HQ Location
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
domain founded_year HQ Location
App for financial planning, savings and P2P lending
domain founded_year HQ Location
Personal finance tools are offered for individuals and enterprises.
domain founded_year HQ Location
Money management tools are offered via an app for individuals.
domain founded_year HQ Location
Online platform for personal finance management
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Globalexpense

Frequently Asked Questions about GlobalExpense

When was GlobalExpense founded?

GlobalExpense was founded in 1999.

Where is GlobalExpense located?

GlobalExpense is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

What does GlobalExpense do?

GlobalExpense was established in 1999 and is headquartered in London, United Kingdom. Operations focus on the fintech sector, where an AI-driven platform is utilized for employee expense management. User accounts are linked to enable automatic aggregation and tracking of personal income and expenses. Services encompass the reduction of administrative costs, adherence to tax, VAT, and policy requirements, as well as measures to detect and prevent expense fraud.

Who are the top competitors of GlobalExpense?

GlobalExpense's top competitors include Plum, Bud and Oval Money.

Who are GlobalExpense's investors?

GlobalExpense has 1 investor. Key investors include Concur.

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